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Non-Philippine Nationals (individual or juridical) may invest in

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Non-Philippine Nationals (individual or juridical) may invest in
Philippine Government
Support to Investors
Philippine Investment Climate
Philippine Investment Trends
(In Billion Pesos)
600.00
542.60
500.00
464.22
73% growth
385.80
400.00
357.00
314.11
300.00
221.82
231.23
200.00
100.00
2004
2005
2006
2007
2008
2009
2010
Source: National Statistical Coordination Board (NSCB)
BOI-PEZA Approved Investments
(In Billion Pesos)
600.00
500.00
400.00
69% growth
300.00
200.00
100.00
2006
2007
2008
BOI
2009
2010
PEZA
Source: National Statistical Coordination Board (NSCB)
The Foreign Investments Act
Non-Philippine Nationals (individual or juridical) may invest in domestic or exportoriented (at 60% export) activities up to 100% of its capital provided these are not
listed in the Foreign Investments Negative List (FINL):
LIST A
Areas of activities reserved to
Philippine nationals where foreign
equity participation in any domestic
or export enterprise engaged in any
activity listed therein shall be limited
to a maximum of 40% as prescribed
by the Constitution and other
specific laws.
LIST B
Areas of activities where foreign
ownership is limited pursuant to law
for reasons of security, defense, risk
to health and morals, and protection
of SMEs
Government Support
Investment Promotion Agencies (IPAs) in RP
Proposed Investment Priorities Plan 2011
I. Preferred Activities
Regular List:
 Agriculture/ Agri-business and Fishery
 Ship Building
 Mass Housing
 Energy
 Infrastructure
 Research and Development
 Green Projects
 Strategic Projects
 Motor Vehicles
 Tourism
 PPP Projects
II. Export Activities
 Production and Manufacture of Export Products
 Services Exports (including IT& IT Enabled
services)
 Activities in Support of Exporters
III. Mandatory List
IV. Export ARMM List
Attractive Investment Incentives
Comparison of Incentives
INCENTIVE
Income Tax Holiday
(ITH)
ITH Bonus
BOI
(Executive Order No. 226, as
amended)
4 – 6 years (max of 8 years)
3 years provided the firm meets certain conditions
Special Tax Rate of 5% on
Gross Income
Importation of Capital
Equipment, Spare Parts and
Supplies
Wharfage Dues and Export
Tax, Duty, Impost and Fees
Simplification of Customs
Procedures
Employment of Foreign
Nationals
PEZA
(Republic Act No. 7916, as
amended)
CDC / SBMA
(Republic Act No. 7227 – Bases
Conversion Devt Authority
 Exempted from all local and national
taxes - value-added taxes, franchise
taxes, excise and ad valorem taxes)
Special Tax Rate of 5% on Gross Income
Duty-free
Tax and Duty-Free
Exempted
No exemption
Available
 Foreign nationals may be employed in supervisory, technical or advisory positions within 5 years from a
project’s registration, extendible for limited periods. The positions of president, general manager, and treasurer
or their equivalents, of foreign-owned registered firms may be retained by foreign nationals for a longer period.
 All foreign employees may bring with them their spouses and unmarried children under 21 years of age.
IPA Services

Due diligence assistance
Information support
 Visit program development & investment briefing
 Business matching


Business registration facilitation
Networking with IPUs and other government agencies on pre-operational
business requirements
 Fast tracking with registration procedures
 Assistance with local government requirements


Aftercare service
Presence of government network to quickly respond to concerns
 Regular supervision & monitoring

Strategic Investors Aftercare Program (SIAP)
SIAP is a PROACTIVE program designed to create a high quality, trustbased, working relationship between BOI and existing investors in ensuring
continuing business in the country.
The BOI ensures that investors’ issues and concerns are addressed
and managed with the following partners:
Investments Promotion Unit (IPU) Network
National Economic Research and Business Assistance Centers (NERBACs)
Fast facilitation of
investors issues and
concerns
Effective and sustained
interaction
Open access to public sector
on investment related policy
IPU NETWORK
BOI
dispatcher /
monitor
(secretariat)
BSP
DAR
DILG
HLURB
BOC
DA
DOLE
MIAA
BFAD
DOE
DPWH
BI
DENR
DOST
BIR
DOF
DOT
CICT
DFA
DOTC
CSC
OMB
The OMB has discussed its
intention to facilitate Issues raised
by the investors to NGA’s thru
NEDA
their resident ombudsman for
recommendation to OMB
NICA
NCIP
POEA
SEC
Act on I/C within 5 working days for simple transaction and 10
working days for complex transaction per Anti-Red Tape Law
Discover the
Philippine Advantage!
Contact details:
Asst. Secretary FELICITAS AGONCILLO-REYES
Investments Promotion Group
Board of Investments
Industry and Investment Building
385 Sen. Gil Puyat Avenue,
1200 Makati City, Philippines
Tel: (632) 896-9212/ 897-6682 ext. 327-28
Fax: (632) 8972781
Email: [email protected]
Website: www.boi.gov.ph
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